136 St David Street, North Dunedin

6 BED2 BATHOFF-STREET PARKING

Web ID: IN12201

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$930,000

Prime campus location

Positioned right in the heart of campus, this standalone, purpose-built student flat offers an exceptional investment in one of Dunedin's most sought-after student locations. With the University, Polytechnic, and a full range of amenities just a short walk away, the convenience of this address is second to none.

Set over three levels and held on its own freehold title, the property is designed for low-maintenance ownership while maximising rental appeal. It comprises six generously sized bedrooms, all with built-in furniture, two bathrooms, making it immediately functional and attractive to tenants.

The recently renovated kitchen flows seamlessly through to a spacious living area, complete with a heat pump to ensure year-round comfort. A sunny outdoor patio provides valuable additional living space, ideal for relaxation and socialising.

Currently rented at a modest $1,200 per week on a fixed-term tenancy through to 31 December 2026, the property offers secure holding income with clear scope to further enhance and increase returns over time. Off-street parking adds further practicality and appeal in this tightly held campus precinct.

A rare opportunity to secure a standalone, student-focused investment in an unbeatable location - properties like this are seldom available. Contact us today for further information or to arrange a viewing.

Property Details

Inspection Details

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Approximate Floor Area
160m2

Approximate Land Area
249m2

Rateable Value
$950,000

Property Type
Investments

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